Magnetic Levitation Transportation and Competitiveness Act of 1990
Magnetic Levitation Transportation and Competitiveness Act of 1990 - Amends Federal law to establish a Magnetic Levitation Transportation Administration within the Department of Transportation, with an Administrator appointed by the President.
Requires the Administrator to conduct a national competition in which he or she shall award grants to participants for research and development of design for a magnetic levitation transportation system. Authorizes appropriations.
Authorizes the Administrator to award one grant for the construction of a magnetic levitation transportation system at least 40 miles long. Requires the Administrator to study the feasibility of and need for adopting a standard for the construction of guidelines for magnetic levitation transportation systems which would allow for future development of an interconnecting network of such systems.
Subcommittee Hearings Held.